THE EFFECT OF CORPORATE GOVERNANCE ON THE PERFORMANCE OF FORTE OIL NIGERIA PLC

ABSTRACT
This study examined the corporate governance and its impact on the management of Forte Oil Nigeria Plc Kaduna. Research questions guided the study. A survey method was used for this study. The population consisted of all the management staff of Forte Oil Nigeria Plc Kaduna with a total population of twenty five (25) persons. The entire 25 person were selected for the study. A questionnaire developed by the researcher based on liker 5 point scale was used for the study.  Mean scores and frequencies were used to analyze the data based on the research questions. Research results shows that internal and external mechanism of corporate governance are used to regulate the performance of Forte Oil Nigeria Plc. The control mechanism put in place by Forte Oil Nigeria Plc include internal and external auditing as well as board of director monitoring and balance of power. The systemic problems militating against corporate governance include high cost of monitoring, inadequate supply of accounting information to shareholders.
 
TABLE OF CONTENTS
Title pagei
Declarationii
Approval Pageiii
Dedicationiv
Acknowledgementv
Abstractvi
Table of Contentsvii

CHAPTER ONE: INTRODUCTION
1.1Background of the Study1
1.2Statement of the Problem3
1.3Objective of the Study4
1.4Significance of the Study5
1.5Research Questions5
1.6Scope of the Study6
1.7Definition of Terms6

CHAPTER TWO: 
LITERATURE REVIEW
2.0Introduction8
2.1The Concept of Corporate Governance8
2.2Principles of Corporate Governance10
2.3The Impact of Corporate Governance on the Performance of Corporate Organizations12
2.4Internal and External Corporate governance control mechanism15
2.5The Systemic Problems of Corporate Governance18
2.6Corporate Governance Models around the World19
2.7Regulation in Corporate Governance22
2.8Parties to Corporate Governance25
2.9Summary of the Literature Review31

CHAPTER THREE: 
METHODOLOGY
3.1Introduction32
3.2Research Design32
3.3Area of Study32
3.4Population of the Study32
3.5Sample Size and Sampling Technique33
3.6Instrument of Data Collection33
3.7Validation of the Instrument33
3.8Reliability of Instrument34
3.9Method of Data Collection34
3.10Method of Data Analysis34

CHAPTER FOUR: 
DATA PRESENTATION AND ANALYSIS
4.1Introduction36
4.2Characteristics of Respondents36
4.3Data Analysis37
4.4Summary of Findings43
4.5Discussion of Findings44

CHAPTER FIVE: 
SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.0Introduction46
5.1Summary46
5.2Conclusion47
5.3Recommendations48
References50
Appendix52